CM: Gujarat will lead India’s growth to become a $3.5 trillion economy by 2047

He highlighted Prime Minister Narendra Modi’s Viksit Bharat vision of making India a developed nation by 2047, positioning Gujarat as a key driver in this mission.

CM Bhupendra Patel with other delegates during FICCI’s National Executive Committee Meeting in Ahmedabad. (Express)

Gujarat will lead India’s growth story to become a $3.5 trillion economy by 2047, said Chief Minister Bhupendra Patel while emphasising on the state’s policies and other initiatives aimed at promoting investments and creating a sustainable growth environment. Patel was addressing a session Friday at Federation of Indian Chambers of Commerce & Industry’s National Executive Committee Meeting (NECM) in Ahmedabad.

“The roadmap for Viksit Gujarat by 2047 to contribute to Viksit Bharat is ready. We are committed to take Gujarat’s economy to $3.5 trillion by then. FICCI is a catalyst for economic growth. I am confident it will immensely contribute to Viksit Gujarat for a Viksit Bharat,” the CM said.

He highlighted Prime Minister Narendra Modi’s Viksit Bharat vision of making India a developed nation by 2047, positioning Gujarat as a key driver in this mission.

“Under Prime Minister Narendra Modi’s visionary leadership, India is on track to become the third-largest economy with initiatives like Make in India, Digital India, and Skill India setting the pace for rapid development. Gujarat has been benefitting from the PM’s leadership for 23 years and has transformed itself into a growth engine by turning challenges into opportunities,” the CM
said.

He added that the government’s policy-driven approach has made Gujarat a leader in foreign direct investment. He cited massive investments in areas such as semiconductors, green hydrogen and renewable energy in Gujarat.

Speaking on the occasion, FICCI president Anish Shah said, “Gujarat has been at the forefront of India’s economic journey. With only five per cent of the population, it contributes eight per cent to national exports, 30 per cent to merchandise exports, and 40 per cent to maritime cargo.”

Shah further said, “The state’s annual growth rate of 12 per cent over several years represents an extraordinary achievement. As we work towards the $32 trillion Viksit Bharat vision for 2047, Gujarat’s infrastructure positions it as a critical gateway for trade. FICCI stands committed to supporting Gujarat, which accounts for 10 per cent of India’s GDP and is becoming a $1 trillion economy.”

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Chair of FICCI’s Gujarat State Council and CEO & MD of Hester Biosciences Rajiv Gandhi said, “The synergy between policy and industry has enabled us to make strides in diverse sectors that drive economic growth and a better standard of living, as envisioned by PM Modi.”

The CM engaged with industry leaders on critical issues and shared the government’s vision for driving economic growth and industrial development in the state and country. During the meeting, Harsha Vardhan Agarwal was announced as the president-elect of FICCI.

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